icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Seoul imposes new sanctions on N. Korean groups, individuals

South Korea added several North Korean groups and individuals to its sanctions list on Monday. The Seoul government placed 20 North Korean groups, including several banks and companies, as well as 12 individuals on the list. The decision is seen as a largely symbolic move that is part of efforts to cut off funding for the North’s weapons program. The sanctions blacklist includes Rason International Commercial Bank and Korea Zinc Industrial Group. The individuals added to the list are North Korean officials who work for the country’s banks or companies in China, Russia, Vietnam and Namibia, AP reports.